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20121127
20121127
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for an economic nightmare. unless u.s. lawmakers reach a budget deal in january 1, a raft of temporary tax cuts are due to expire, and spending cuts will take effect. >> that means the u.s. is charging full speed at the fiscal cliff. the dramatic fiscal tightening triggered by this press this could tip the u.s. and possibly the whole global economy into recession. here is more. >> precision craftsmanship, made in the usa the marlon still company in baltimore produces wire baskets for the automobile, defense, and medical industries. it is one of the fastest-growing companies in the u.s. the company president wants to keep it that way, but at the moment, he is holding off on further investments. >> this robot is a good quality robot. phowever, we want to buy the brand-new version that is made in germany. we are pausing right now because of the fiscal cliff. there is so much uncertainty about what will happen in the future. we are not pulling the trigger to by the german robot. >> the prospect of falling off the fiscal cliff frightens more than just greenblatt. numerous business owners across the
launch in the next three weeks. earlier, u.s. satellite images of the facility showed what are believed to be parts of a long-range ballistic missile. >>> north koreans space officials failed earlier this year when they tried to launch what they said was a rocket carrying a satellite. some governments called it a missile test. the photos showing renewed activity in the north is prompting renewed attention from different nations. >> translator: we are monitoring related reports. maintaining peace and stability on the korean peninsula is the common responsibility of concerned nations. it's also in their interest. >> a u.s. defense department official declined to comment on the analysis, but the official said the u.s. asks north korea to follow a u.n. security council ban on launches involving ballistic technology. >>> the people who wont to be south korea's next president are mapping out their strategies in the lead-up to voting day. official campaigning is now under way. and so for the next three weeks candidates will be crisscrossing the country to sell their message. park geun hye of t
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